January 26, 2012 Articles: “California Foreclosure Actions Slow in Fourth Quarter” The number of California homes entering foreclosure in the fourth quarter fell 11.9% from the same period a year earlier to hit its second-lowest level over the last four years… Los Angeles Times “Investors flood Southern California housing market in December” A record [...]
Filed under: Industry and Economic News on January 26th, 2012 | No Comments »
The Housing Affordability Index is at an all-time high, meaning more and more people are able to afford a home in today’s market conditions. The following article and summary is provided by Lawrence Yun, Chief Economist at the National Association of Realtors. Affordable Housing Real Estate Resource: Housing Affordability Index Housing affordability will be at [...]
Filed under: Industry and Economic News on January 9th, 2012 | No Comments »
2012 is here and has brought New Years’ resolutions and goals to help make it the best year yet. Start it off right by understanding what happened in 2011 and where we are headed in 2012. The collection of articles this week for Inside the Market looks at some predictions and trends we will see [...]
Filed under: Industry and Economic News, Micro Market Updates, Teles Weekly Activity on January 9th, 2012 | No Comments »
Sharran Srivatsaa, Chief Operating Officer at Teles Properties will speak at the 2012 Real Estate Connect Conference in New York City, which will be held from January 11 – 13 at the Marriott Marquis Time Square. Srivatsaa will speak on the “Power of Analytics,” a topic close to his heart, and will outline the insights [...]
Filed under: Industry and Economic News, Teles News and Press Releases on January 9th, 2012 | No Comments »
The Los Angeles County median home price is down 6 percent year over year. This in itself fails to highlight the deeper changes occurring in the most populated county in California. If we look back at 2011 we see that it was a year of corrections for the mid-tier and upper-tier segments of the market. [...]
Filed under: Industry and Economic News, Micro Market Updates on January 9th, 2012 | No Comments »
With 2012 just around the corner, Inside the Market looks at articles summarizing current market conditions for 2011 and looking toward the future. December 26-30, 2011 Articles: “Housing Market Strengthening But Long Road to Recovery Lies Ahead ” The year 2011 is ending on a high note as economists anticipate some signs of recovery ahead. [...]
Filed under: Industry and Economic News on December 27th, 2011 | No Comments »
The question is still- “What is Happening in the Market?” This week, “Inside the Market” is highlighting a few articles that seem to address where we are and where things are going for the real estate market. Topics include historically low mortgage rates, a housing market ready for a rebound, falling or rising home prices [...]
Filed under: Industry and Economic News, Teles Weekly Activity on December 12th, 2011 | No Comments »
With the 2011 Holiday Season underway, now is the best time to get out there and sell or buy a home. This week’s “Inside the Market” features articles about the holiday real estate market and where things are starting to heat up this time of year. November 28 – December 2, 2011 Articles: “Should I [...]
Filed under: Industry and Economic News, Micro Market Updates on November 29th, 2011 | No Comments »
“Inside the Market” is back and this week with better news and expert opinions that things might just be starting to look up for the housing market… Following up from “Inside the Market” on November 10th- one of the reason we continue to see international buyers in the marketplace is because Southern California is one [...]
Filed under: Industry and Economic News, Teles News and Press Releases on November 17th, 2011 | No Comments »
This week, “Inside the Market” looks at some interesting articles; from foreclosure activity and mortgage rates to a US rebound. Many investors are following the financial trouble in Greece and Italy and cautiously considering the best place for their money during the next couple of years. Real estate might just be the place! November 7- [...]
Filed under: Industry and Economic News, Micro Market Updates on November 10th, 2011 | No Comments »